Elevate48
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$204,526$204,526$333,000
Remaining term (yrs)10.710.730.0
Secondary amount$0$128,474$0
Funding fee$0$0$0
Note rate5.54%5.54%7.18%
Blended rate6.39%7.011%7.42%
1st payment$2,095.86$2,095.86$2,255.86
2nd payment$0.00$856.49$0.00
Taxes / mo$76.67$76.67$76.67
Insurance / mo$150.00$150.00$150.00
MI / mo$260.31$260.31$66.60
HOA / mo$48.17$48.17$48.17
Total monthly$2,631.01$3,487.50$2,597.29
Cash to close$165,474$37,000$37,000